Preheat oven to 350 degrees. Beat eggs and add evaporated milk and condensed milk to eggs.
Stir in vanilla and nutmeg. Strain by pouring the mixture through a strainer into greased baking dish and sprinkle grated nutmeg over top.
Place the pan in a larger pan filled with water and bake for 1 hour.
Carefully remove from the oven and remove from the pan of water and cool.
Can be served at room temperature or cold.